Everyman Media’s underrated cash generation

Cinema operator Everyman Media (LON: EMAN) is reporting its 2023 figures on Tuesday 16 April. The company is still losing money, but things are looking up for the cinema sector with admissions improving.

Revenues are expected to grow from £78.8m to £90.9m, while the loss could rise from £1.3m to £2.9m. EBITDA should have improved. Next year the loss should fall.

After spending £17.4m on capital investment, net debt is set to edge up from £18.5m to £19.7m. Two Tivoli sites were acquired at...

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